Business One Year Fixed Rate Bond
Issue 6
Business Savings
Annual Fixed Interest % AER*
£1,000+
4.00%
Product details

Account name

Business One Year Fixed Rate Bond Issue 6

What is the interest rate? AER*

4.00% annual interest rate on balances £1,000+

Interest is paid annually on the anniversary of account opening 

(*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year)

Can Dudley Building Society change the interest rate?

The interest rate on this account is fixed for the one year term. The Society does not have the right to change this interest rate during the one year term.

What would the estimated balance be? 

If you were to open this account with £1,000 and no further deposits or withdrawals were made, you would earn £40.00 interest. This would result in a total balance of £1,040.00.

Please note this is an illustration only and does not reflect your specific circumstances.

How do I open and manage my account? 

Who is eligible?

This account is for new and existing corporate customers.

How do I operate my account?

Any queries regarding your account can be dealt with via branch, email or telephone. Instructions on your account are required in person, at branch or in writing. 

How do I open my savings account?

You may open your account at any one of our branches or via post. 

What is my minimum opening and operating balance?

£1,000

What is my maximum operating balance?

£1,000,000

What is my maximum investment?

£1,000,000 (representing the overall limit of savings with the Society for each individual)

Can I withdraw money?

No withdrawal or account closure is permitted during the one year term following account opening. Prior to your Business One Year Fixed Rate Bond Issue 6 maturing, we will provide you with details of other accounts available to you.

Additional Information

No further deposits may be made during the one year term once the initial investment has been made. A corporate body is able to enter in its’ own right into legal agreements and can often be identified by ‘Ltd’, ‘Plc’ or ‘Incorporated’ being included in the company title. If the company is a corporate body, it will have registered by a legal process, for example with Companies House. Account holders do not have membership or voting rights.

Key documents

Corporate Body Application Form pdf icon Identification Requirements for Entities pdf icon

How to apply for our Business One Year Fixed Rate Bond Issue 6

Branch

Find your nearest branch for more information or to make an appointment.

Post

You can apply now by printing the relevant application form at home.

Contact Us

If you wish to find out more information or get support with your application, contact our friendly Customer Service team.

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